bank
Definition
Establishment authorized by a government to accept deposits, pay interest, clear checks, make loans, act as an intermediary in financial transactions, and provide other financial services to its customers.
Featured Tip
"TANSTAAFL" is the term coined by Robert Heinlein in his 1966 book, "The Moon is a Harsh Mistress." Whenever anybody that you do not know offers you something free, that is most likely because they want something in return. Therefore, be wary of the email solicitations claiming that you are a winner of a random lottery or those emails where somebody is trying to give you money but needs your bank account number. After all, "There Ain't No Such Thing As A Free Lunch."
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News containing the term bank
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